Khaitan & Co. Advised Wilmar Group On Proposed Acquisition Of Adani Wilmar Held By Adani Group
Khaitan & Co. Advised Wilmar Group On Proposed Acquisition Of Adani Wilmar Held By Adani Group
Drew & Napier Successfully Obtained Dismissal Of Conspiracy Claims Against Client Plus Indemnity Costs
Drew & Napier Successfully Obtained Dismissal Of Conspiracy Claims Against Client Plus Indemnity Costs
Directors Chern Yang See 徐振洋, Larisa Cheng and Associate Ling Xuan L. Represented Mr Don Lim, 1 of the 3 defendants in a claim in unlawful means conspiracy. The team successfully resisted the claim and further obtained costs on an indemnity basis against the plaintiff and the plaintiff’s representative (a non-party) on a joint and severally liable basis. In summary, the Court accepted the team’s submissions that this was simply a case of an investment having gone wrong.
The Court held that there was no evidence to suggest that Drew & Napier’s client should have been brought into these proceedings to begin with and it should be self-evident that the factual foundation to support any allegation of conspiracy against the plaintiff would be missing. The Court then concluded that the plaintiff brought the defendant into its claim not because there was any case to speak of, but to effectively use him as collateral.
As a result, the team obtained a dismissal of all claims against the client and successfully argued for costs to be paid to the client on an indemnity basis. Additionally, although the plaintiff’s representative was not a party in the action, the Court accepted the team’s submission that given the circumstances, he should also be made jointly and severally liable with the plaintiff for the awarded costs.
Source: Drew & Napier LLC’s LinkedIn Page
Clifford Chance Advises Nubank On Its US$ 150 Million Series D Investment In TymeBank
Clifford Chance Advises Nubank On Its US$ 150 Million Investment In TymeBank
Khaitan & Co. Acted As Common Counsel & Executed Development Agreement For 81 Acres Of Land In Alibag
Khaitan & Co. Acted As Common Counsel & Executed Development Agreement For 81 Acres Of Land In Alibag
AZB & Partners Advised Cintra In Rights Issue By IRB Infra For Funding Acquisition Of Infra Asset
AZB & Partners advised Cintra, a subsidiary of Ferrovial, Spain and its affiliates (collectively, “Cintra”) in relation to the rights issue undertaken by IRB Infrastructure Trust for purposes of funding the acquisition of a road infrastructure asset. AZB & Partners also advised Cintra on the acquisition of units from certain affiliates of GIC by way of a secondary off-market transfer.
The deal team comprised Partner Janhavi Seksaria, Senior Associate Mrudul Desai, Associates Ishika Neotia and Rachit Pathoi, with support from Senior Partner Rushabh Maniar on the FPI aspects, and Partner Kirthi Srinivas on the competition law related aspects.
Source: AZB & Partners’ LinkedIn Page
HSA Advised NICDC On Agreement With UP Govt. For Development Of Integrated Manufacturing Clusters
HSA Advised NICDC On Agreement With UP Govt. For Development Of Integrated Manufacturing Clusters
HSA Advocates advised National Industrial Corridor Development Corporation (NICDC), and National Industrial Corridor Development and Implementation Trust (NICDIT) on the framework agreements and governing documents, including the State Support Agreement (SSA) and the Shareholders Agreement (SHA) executed by and amongst NICDIT, the Government of Uttar Pradesh (GoUP) and the Uttar Pradesh State Industrial Development Authority (UPSIDA) for establishment of two Integrated Manufacturing Clusters – one in Agra (greenfield site) (IMC Agra) and the other in Prayagraj (brownfield site) (IMC Prayagraj), in the State of Uttar Pradesh, under the Amritsar-Kolkata Industrial Corridor (AKIC) project.
The HSA team comprised of Soumya De Mallik (Partner), Prithviraj Chauhan (Principal Associate) and Debraj Ghosh (Associate).
Authors: HSA Advocates’ LinkedIn Page
Trilegal Advised Rebel Regarding KKR’s Investment In Rebel Foods
Trilegal Advised Rebel Regarding KKR’s Investment In Rebel Foods
Trilegal advised Rebel and its founder in relation to KKR’s investment in Rebel Foods.
The Corporate team advising on the matter was led by Partner Prateek Lala; and comprised of Senior Associates Someny Singhal, Ritwik Mukherjee and Associates Aayush Sinha, V NITYANAND, and Ananya Satish.
Source: Trilegal’s LinkedIn Page
KWM Advised A Group Of Financiers In Project Financing Of Wind Farm In Queensland
KWM Advised A Group Of Financiers In Project Financing Of Wind Farm In Queensland For Cubico Sustainable Investments
KWM advised the syndicate of financiers on the project financing of each of Stages 1 and 2 of Wambo Wind Farm in Queensland for Cubico Sustainable Investments. The Wind Farm, which is already under construction and has power purchase agreements with Stanwell Corporation, will add more than 500MW of clean energy to Queensland’s energy system once completed.
The KWM team: Chris Dynon, Catherine Danne, Madeleine Coates, Aaron Brooks, Nicola Wang, Tanya Bromilow, Michael Gruber, Marcus Y., Emma Murphy and Emily Powell.
Source: King & Wood Mallesons’ LinkedIn Page
Ashurst Advised BNP Paribas Entering Into Exclusive Negotiations With La Banque Postale For A Possible Partnership
Ashurst advised BNP Paribas on its entry into exclusive negotiations with La Banque Postale to establish a partnership for the distribution of a comprehensive mobility offering to the retail customers of La Banque Postale group. This possible partnership would foresee the creation of a digital platform accessible to La Banque Postale customers offering new and used low-emission vehicles, consistent with La Banque Postale’s commitment to a low-carbon economy. The team was led by anne reffay and Nicolas Quoy
Source: Ashurst’s LinkedIn Page
JSA Advised TPG Growth In GIC’s Further Acquisition In Asia Healthcare Holdings
JSA Advised TPG Growth In GIC’s Further Acquisition In Asia Healthcare Holdings
JSA advised TPG Growth entities (collectively, “TPG Growth”) in further investment by Waverly Pte. Ltd. (“GIC”) in Asia Healthcare Holdings Pte. Ltd., a healthcare delivery platform backed by TPG Growth and GIC.
The Merger and Acquisition Team Comprised Lead Partner and National Corporate Lead – Iqbal Khan, Partners – Ambarish . and Tanavi Mohanty, Principal Associate – Krishaal Morjaria, Senior Associate – Soumya Pradhan, Associate – Subham Biswal.
The Competition Team Partner and Chair, Competition Law Practice – Nisha Kaur Uberoi, Partner – Pranav Satyam, Principal Associate – Anand Sree, Senior Associates – Kamal Sharma and Ishan Arora, Associates – Giri Aravind and Sudhanshu Prakash Singh.
Source: JSA’s LinkedIn Page
